No Taxing Our Way Out of Looming Health Spending Crisis

by Mallory Carr.      The fiscal train wreck that Obamacare and other health care entitlements will inevitably cause is quickly approaching—and no amount of tax increases can save us from the crash. Although the “Eat the Rich” and “Tax the one percent” way of thinking is currently in vogue, these catchy sound-bites remain nothing more than pithy    ... MORE

America's Unsustainable Long-Term Debt Trajectory

by Peter Suderman.       In the past year or so, the White House has become increasingly aggressive in touting President Obama’s achievements in reducing the deficit. The deficit has been “cut by more than half since 2009,” a 2013 blog post by the White House Office of Management and Budget declared, pointing to the shrinking of  ... MORE

Steve Chapman: Obama's Deficient Student Loan Plan

Another expensive vote-buying scheme.        The government normally doesn't care whether you or I accumulate large bills for home improvement, a new car or exotic vacations. But Barack Obama feels no hesitation in concluding that the cost of higher education has placed "too big a debt load on too many young people." Therefore,      ... MORE

VIDEO: John Stossel - Who Threatening Your Future?

Peter Schiff: Debt Is No Salvation

Credit is destroying what savings built.      Thus far 2014 has been a fertile year for really stupid economic ideas. But of all the half-baked doozies that have come down the pike (the perils of “lowflation,” Thomas Piketty’s claims about capitalism creating poverty, and President Obama’s “pay as you earn” solution to student debt), an idea hatched    ... MORE

Curbing Carbon Vs Rational Recklessness

by Steve Chapman.     Rousing the public to do something about the growing federal debt is not easy. The dangers it poses are distant and vague. The immediate effects are not apparent. Any measure to cut deficits looks trivial next to the scale of the problem. Doing nothing is the easiest option. But responsible adults understand the need to    ... MORE

Why The Cost Of Government Is Higher Than You Think

by Gary Galles.        Crowding out what matters. “Look what I did for you!” When our children were small, my wife and I got many gifts from them accompanied with those words (including most of our refrigerator art and many things that still adorn our Christmas trees), in search of approval and encouragement. While that process was an      ... MORE

VIDEO: John Stossel - Government's Moral Agenda

VIDEO: Luis Fortuno: Serving Taxpayers, Not Politicians

California Officials Dread Rail Project Trial

by Steven Greenhut.       Those readers who are familiar with Judge Gideon Tucker's words that "No man's life, liberty, or property are safe while the legislature is in session," might chuckle that two good-news-for-taxpayers stories came out of Sacramento last week. They came, coincidentally, as legislators had left town to enjoy their spring   ... MORE

Jeff Berwick: Stealing Every Last Penny From Americans

More evidence the government is not us.        All of a sudden the government lays claims to your savings. They can't prove you owe them a dime, but you're deprived due process. The legal bills become overwhelming, and so you let your money be stolen. You simply have no choice. Sound outlandish? It's not. Not in the "Land of the Free"   ... MORE

VIDEO: IRS Collects For 'Sins Of The Father'

George Will Is Confident Americans Will Rebel

by Benjamin Weingarten.       Against abusive government. In an interview with TheBlaze Books in connection with the release of his new book, “A Nice Little Place on the North Side: Wrigley Field at One Hundred,” we spoke with prodigious columnist and author George Will on all things baseball and his unified theory of beer, and then     ... MORE

Wynton Hall: Seven Devastating Economic Facts

Hope and change made everything worse.         U.S. economic conditions in 2014 continue to languish, as millions of Americans remain jobless. Seven economic facts underscore America’s increasingly dire economic outlook. 1. A Record 91.8 Million Americans Are No Longer in the Workforce The latest Labor Department figures reveal that a    ... MORE

Can Government Make You Pay A Relative's Debt?

by Wyatt Andrews.      Whose going to stop them? Two months ago, Mary Grice, a career employee at the Food and Drug Administration, was notified the U.S. Treasury had confiscated her state and federal tax refunds totaling $4,500. The government had taken the money before she knew there was a problem. "To be honest, I was ticked off,"  ... MORE

VIDEO: Tax Day Is Coming (Game Of Thrones Edition)

VIDEO: John Stossel - Hey, Big Spender

Why Republicans Are Surrendering On The Debt Ceiling

by Molly Ball.    The last stage of grieving is acceptance. The first wave of Tea Party lawmakers strode into Congress in 2011 on a wave of denial and anger. They were angry at President Obama and business as usual in Washington. But they were also in denial about their power—or rather powerlessness—to change it. Three years later, the right-wingers ... MORE

Steve Chapman: For Ships Of State, A Looming Iceberg

The crushing burden of government employee pensions.     If you're in the hospital with multiple fractures, a staph infection and a collapsed lung, you may not take great comfort when your doctor informs you that his last patient has it worse, being dead. Sometimes encouraging comparisons are not that encouraging. So Chicagoans didn't        ... MORE

Jack Kelly: Our Economy Is About To Implode

"Beware the Ides of March,”           the soothsayer warned in Shakespeare’s play “Julius Caesar.” A Roman religious holiday, the Ides (15th) of March was the day on which Roman consuls assumed office — and the day Caesar was assassinated. For the United States, and the world economy, the Ides will be around March 4 this year, predicted    ... MORE